All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

ULTY,QQQ,SPY: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

×
Wed 2025-12-31 to Fri 2026-03-20 YTD
Return
TRR
Price
ULTY
×
−4.32%
2026-03-20
0.874 TRR
2026-03-20
YieldMax Ultra Option Income Strategy ETF Exchange-Traded Fund
QQQ
×
−6.18%
2026-03-20
6.782 TRR
2026-03-20
Invesco QQQ Trust NASDAQ Exchange-Traded Fund
SPY
×
−5.57%
2026-03-20
11.68 TRR
2026-03-20
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Returns

Wed 2025-12-31 to Fri 2026-03-20 Overall
Return
Exponential
Trendline
ULTY
×
−4.32%
−18.47%/yr
−17.32%/yr
(R2=0.270)
YieldMax Ultra Option Income Strategy ETF Exchange-Traded Fund
QQQ
×
−6.18%
−25.54%/yr
−23.13%/yr
(R2=0.667)
Invesco QQQ Trust NASDAQ Exchange-Traded Fund
SPY
×
−5.57%
−23.26%/yr
−18.78%/yr
(R2=0.600)
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Growth of $10,000

Wed 2025-12-31 to Fri 2026-03-20 Start
Value
End
Value
ULTY
×
$10,000.00
2025-12-31
$9,567.88
2026-03-20
YieldMax Ultra Option Income Strategy ETF Exchange-Traded Fund
QQQ
×
$10,000.00
2025-12-31
$9,382.01
2026-03-20
Invesco QQQ Trust NASDAQ Exchange-Traded Fund
SPY
×
$10,000.00
2025-12-31
$9,443.36
2026-03-20
SPDR S&P 500 ETF Trust Exchange-Traded Fund

Annual Returns

Year ULTY QQQ SPY
2026 (YTD) −4.32% −6.18% −5.57%
2025 −7.62% +17.63% +14.65%
2024 −1.12% +22.06% +21.39%
2023 +49.84% +22.09%
2022 −36.68% −23.15%
2021 +19.04% +20.27%
2020 +46.63% +16.74%
2019 +35.86% +28.29%
2018 −2.00% −6.35%
2017 +29.91% +19.19%
2016 +4.93% +9.73%
2015 +8.65% +0.50%
2014 +18.28% +12.61%
2013 +34.61% +30.35%
2012 +16.11% +14.01%
2011 +0.39% −1.04%
2010 +18.15% +13.36%
2009 +50.59% +23.01%
2008 −41.78% −36.85%
2007 +14.36% +1.01%
2006 +4.52% +13.00%
2005 −1.79% +1.35%
2004 +7.03% +7.20%
2003 +46.90% +25.81%
2002 −38.82% −23.40%
2001 −34.36% −13.11%
2000 −38.21% −12.70%
1999 +75.08% +17.24%
1998 +26.65%
1997 +31.25%
1996 +18.62%
1995 +34.62%
1994 −2.22%
1993 +6.22%

Drawdowns

Wed 2025-12-31 to Fri 2026-03-20 Current
Drawdown
Worst
Drawdown
ULTY
×
−9.06% −9.06%
2026-03-20
YieldMax Ultra Option Income Strategy ETF Exchange-Traded Fund
QQQ
×
−8.68% −8.68%
2026-03-20
Invesco QQQ Trust NASDAQ Exchange-Traded Fund
SPY
×
−7.23% −7.23%
2026-03-20
SPDR S&P 500 ETF Trust Exchange-Traded Fund